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Over the past several years, decommissioned U.S. warships have been turned into artificial reefs in...

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Accounting

Over the past several years, decommissioned U.S. warships have been turned into artificial reefs in the ocean by towing them out to sea and sin some of the sunken ships have released toxins into the ocean and have been costly to decontaminate. Now the U.S. government is taking bids
Assume that a recently decommissioned aircraft carrier, the USS Bass, is estimated to contain approximately 40 tons of recyclable materials at Recycling and dismantling the ship would create about 500 jobs for about a year in the Rust Belt. This geographic area has been experiencing Read the requirements.
Requirement 1. Is it more financially advantageous to sink the ship (assume that it costs approximately $1.3 million to tow a ship out to se is the cost to dismantle and recycle is less than the cost to sink.)
U.S. Government
Financial Decision
Cost to dismantle and recycle
Bid price
Less: scrap value
Cost to sink
Net difference in favor of (against) sinking
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